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Ransomware: "The worst mistake is a CEO who asks: How do I pay?"

Cyber attacks are crippling entire production lines and increasingly affecting medium-sized businesses. Two experts explain how companies should negotiate with blackmailers - and how they can better protect themselves.

Translated from German Read in German

Ransomware: "The worst mistake is a CEO who asks: How do I pay?"

Ransomware attacks have increased by 10% in Germany, with 1041 incidents reported in 2025, according to the Federal Ministry of the Interior. These attacks involve hackers encrypting entire IT systems and demanding ransom payments, often in Bitcoin, and threatening to release stolen data. Experts Michael Sjøberg and Peter Skovbo, from the Swiss consulting firm Delta Crisis, discuss how companies can defend against such attacks and regain control.

Sjøberg, a former Danish military crisis negotiator, shares his insights on what typically goes wrong in the initial stages of a cyberattack.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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